Why the IRS is still catching up
Why the IRS is still catching up

Why the IRS is still catching up

January 06, 2023 / The Merrill Anderson Company

The effect of the Covid-19 pandemic upon supply chains and prices has been much commented upon. Less well known is that the pandemic caused the development of a major backlog at the IRS.…

Lease vs Buy: Which is Better for My Business?
Lease vs Buy: Which is Better for My Business?

Lease vs Buy: Which is Better for My Business?

December 22, 2022 / Jeramy Culler

Equipment, vehicles, facilities – large-ticket items are just one type of expense a business owner will have to manage.…

Social Security COLA Increase is Biggest Since 1981
Social Security COLA Increase is Biggest Since 1981

Social Security COLA Increase is Biggest Since 1981

December 08, 2022 / The Merrill Anderson Company

The Social Security Administration has announced an 8.7% benefit increase for 2023, based upon inflation for the 12 months ending September 30, 2022.…

IRS focus on digital assets
IRS focus on digital assets

IRS focus on digital assets

November 03, 2022 / The Merrill Anderson Company

The Internal Revenue Service has long held that virtual currencies, such as bitcoin, are property not currency. As such, transactions conducted with a virtual currency can trigger taxable profits or deductible losses.…

How to gain financial flexibility with an equity line of credit
How to gain financial flexibility with an equity line of credit

How to gain financial flexibility with an equity line of credit

October 27, 2022 / Matt Berger

Costly car repairs. Unexpected medical expenses. Storm damage to your home. All call for quick access to cash.…

How one savings plan can help you save for college and retirement
How one savings plan can help you save for college and retirement

How one savings plan can help you save for college and retirement

October 13, 2022 / The Merrill Anderson Company

Families with children typically have three important financial objectives: buying a home, saving for college, and building retirement capital. That is a daunting challenge.…

Four Things to Consider Before Retiring Early
Four Things to Consider Before Retiring Early

Four Things to Consider Before Retiring Early

October 10, 2022 / Warren Hurt

The idea of work/life balance has gained much attention over the last few years. Technology is redefining how and where we “work” and employees are re-evaluating how they spend the largest portion of their waking hours.…

Is Mobile Banking Safe for My Business?
Is Mobile Banking Safe for My Business?

Is Mobile Banking Safe for My Business?

September 30, 2022 / Cynthia E. Marconi

As a prudent smartphone user, it’s natural to wonder if your smartphone bank transactions are secure. Rest assured, mobile banking is safe and secure because banks are in the business of securing sensitive customer data.…

The biggest financial mistakes business owners make
The biggest financial mistakes business owners make

The biggest financial mistakes business owners make

September 08, 2022 / Rich Best

Ask any business owner, and you’re not likely to hear any sugar-coating about how hard it is to start and run a business. There is nothing easy about it,…

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